Dogecoin has seen a decline in large transaction volume over the past 24 hours, with $1.17 billion in transactions representing a 7.54% decrease from the previous day. This downward trend has continued over the past week, with a peak on October 21 before a decline began. The price of Dogecoin has also experienced fluctuations, reaching a low on October 23 before rebounding and remaining steady. Large transaction volume is seen as an indicator of institutional activity, so the decline could indicate a decrease in whale activity and market interest in Dogecoin.
- Content Editor ( u.today )
- 2024-10-25
Massive $1.17 Billion DOGE Seen in 24 Hours, But Key Metric Drops